Economic governance of property rights: comparative analysis on the collection of royalties in genetically modified soybean seeds

Revista de Economia e Sociologia Rural

Guilherme Fowler De Avila Monteiro²  Decio Zylbersztajn¹ 

[1] ,Insper Institute of Education and Research

关键词: GM seed;    royalty collection;    property rights;    governance mechanism;    semente transgênica;    cobrança de royalty;    direitos de propriedade;    mecanismo de governança;   

DOI  :  10.1590/S0103-20032013000100002

来源: SciELO

【 摘 要 】

This paper examines the governance of property rights on genetically modified (GM) soybean seeds. Specifically, the article undertakes a comparative analysis on the collection of royalties in GM soybean seeds in the U.S. and Brazil. For each country, the authors describe the regulatory framework governing the protection of biotechnology innovations in agriculture and investigate the mechanisms of royalty collection in GM soybean seeds. The paper also offers econometric evidence linking the capture of value on biotech innovations and the protection mechanisms deployed by biotech firms. The results suggest that, subject to the institutional environment, firms may choose to transact a GM attribute separated from the seed, building specialized governance structures framed around the genetic attribute and not around the seed as a whole.

【 授权许可】

CC BY   
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